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in an effort toobring down high prices governor jerry brown allowing a slightly earlier rollout of less-expensive want to blend gasoline. i can imagine the millions of californians just sank thank you so much, governor. the transition have already scheduled for the end of the month and can take refineries up to a weaker more to make this witness of the governor emergency action is not happening with any real urgency. california typically has substantially higher gasoline prices simply because it has the second-highest gas tax and the country. late show host david letterman taking a cuerom the obama campaign attack dogs. senator reid and stephanie cotter during his show friday letterman repeatedly repeated the utterly ridiculous claim that romney did not ay federal income taxes. listen to this. >> like it does tax returns because i believe we will discover that the man has not paid and nickel to the united states and federal income-tax. [applause] a felon running for president. [laughter] lou: the only thing i can imagine to my doing an impression of harry reid. not bad, don't you think? well, rom
in an effort toobring down high prices governor jerry brown allowing a slightly earlier rollout of less-expensive want to blend gasoline. i can imagine the millions of californians just sank thank you so much, governor. the transition have already scheduled for the end of the month and can take refineries up to a weaker more to make this witness of the governor emergency action is not happening with any real urgency. california typically has substantially higher gasoline prices simply because...
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liz: including cap and trade, governor jerry brown said, i will allowance earlier release of winter blend into the gas supply of california, do you think that will move the needle? >> 50-cents is far too large, platts reported this morning, media reports that blenders and refiners in california were already making that adjustment. so, no, that is not moving the needle. if i might just add, the four policy that obama administration is pursuing one gh greenhouse gas regulation. that will raise gas prices, two. he will make refining more expensive with epa pending tier 3 su sulfer control, three the keystone pipeline that was rejected. and four the president continues to refuse to allow oil and gas development off of the coast. liz: oil was going down, but it is like a curb your enthusiasm moment if you are a driver in california. you have been great, sir, thank you so much for your time, we appreciate it. next up, a red alert over china. not what china is planning to do to businesses but what u.s. lawmakers are planning to do to businesses because of china. cowboy libertarian here with a wa
liz: including cap and trade, governor jerry brown said, i will allowance earlier release of winter blend into the gas supply of california, do you think that will move the needle? >> 50-cents is far too large, platts reported this morning, media reports that blenders and refiners in california were already making that adjustment. so, no, that is not moving the needle. if i might just add, the four policy that obama administration is pursuing one gh greenhouse gas regulation. that will...
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jerry brown ordered the state to move to a winter blend sooner than normal. city of oakland getting ready to unveil a new foreclosure prevention plan aiming to assist those threatened with or in foreclosure to stay in their homes. initiative offering counseling, legal advice and outreach to banks. and it looks like hawaiian real estate prices are finally turning around. i let state fits in the nation with 8% year-over-year gain. according to the honolulu board of realtors: median sales price is up substantially for homes rising 1% per condo. average home price, $625,000. and that is your west coast minute. dennis: the guys who rise up, those are the ones who fell the hardest. but they keep on doing things and governments to raise the cost of doing business. gas is most expensive in the country because they have the most stringent regulations on emissions and constantly hammering business with well intended restrictions that raise costs for the consumers they are trying to protect. cheryl: they're trying to keep the air clean, a valiant cause, but at the same
jerry brown ordered the state to move to a winter blend sooner than normal. city of oakland getting ready to unveil a new foreclosure prevention plan aiming to assist those threatened with or in foreclosure to stay in their homes. initiative offering counseling, legal advice and outreach to banks. and it looks like hawaiian real estate prices are finally turning around. i let state fits in the nation with 8% year-over-year gain. according to the honolulu board of realtors: median sales price is...
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dennis: governor jerry brown trying to help. cheryl: melissa and lori, you will both have more coming back
dennis: governor jerry brown trying to help. cheryl: melissa and lori, you will both have more coming back
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liz: governor jerry brown saying he would get the winter fuel blend pushed out because it is a little less expensive. >> he has. yes. he has just done that, actually. depending on who you talk to, three to four days. some people will say a week. we are talking about a 15% drop. maybe a $0.20 drop. liz: now let's get to robert. do they get a benefit if gasoline is higher? >> it certainly appears that way. investors getting a little bit of a break. look at marathon petroleum. they are buying a refinery in texas. marathon moving higher buying bp. also, take a look at bp itself. we get to the california issues. also the fire near san francisco. that was at a sever on refinery back in august. you are seeing gains across the board here. back to you. liz: thank you. the dow is coming back. it is down just 11 points. in some strange way could we end up positive right now? who knows. we have 39 minutes before "the closing bell" rings. the s&p lowered by three. one company is looking for a new energy solution. why burn expensive petrol when you can burn dirty corn oil? yes. bio diesel. bio dies
liz: governor jerry brown saying he would get the winter fuel blend pushed out because it is a little less expensive. >> he has. yes. he has just done that, actually. depending on who you talk to, three to four days. some people will say a week. we are talking about a 15% drop. maybe a $0.20 drop. liz: now let's get to robert. do they get a benefit if gasoline is higher? >> it certainly appears that way. investors getting a little bit of a break. look at marathon petroleum. they are...
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. >>> gas prices dropping down after governor jerry brown's decision to allow them to sell the cheaper winter blend earlier than expected. >>> honda recalling 489,000 crvs in the u.s., europe and africa. it from 2006 to 2010 models. >>> the new vending machines will debut in chicago and san antonio next year. that, by a wide margin, as you see from the counter is today's speed read. i saw you miss it. david: stretch. liz: and [buzzer] david: there we go. got to figure it out. i saw him miss it last week. we have to figure out some way if we get it early to get that bell ringing, otherwise we too much dead space. earnings season as we mentioned many times beginning tomorrow. a lot of surprises are undoubtedly ahead. who could beat and who could miss? with have an analyst whoan 80% r this year for predicting earnings surprises. liz: sri raman, senior research analyst at thomson reuters back for another appearance. >> hi. liz: you got so many right. start with two names you feel will outperform their expectations. start with your number one pick. what is it? >> gap. got to be the gap. con
. >>> gas prices dropping down after governor jerry brown's decision to allow them to sell the cheaper winter blend earlier than expected. >>> honda recalling 489,000 crvs in the u.s., europe and africa. it from 2006 to 2010 models. >>> the new vending machines will debut in chicago and san antonio next year. that, by a wide margin, as you see from the counter is today's speed read. i saw you miss it. david: stretch. liz: and [buzzer] david: there we go. got to figure...
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jerry brown has ordered an early switch to winter blend fuel. we are an late with the very latest. >> gas prices just in the last week have gone up $0.56. california culture not doing so well because of these gas prices. i will step away so you can take a look at this gas station completely empty. $4.99 for a gallon of gas. down the street, it is $5.29. if you find a station at the $4.67 set range, i suggest that you stop and get it. there are a lot of people upset here. one can't demand. two, telephone it does have stricter demand. three, a number of refineries have gone down to make that task. you cannot import it outside of the state. >> $10 in gas will not even give me a quarter of a tank. it is really out of control. >> i write my bike to work due to the increase of gas prices. they have been increasing and i cannot afford it. standard well allow gas to come down a little bit. back to you in new york. lori: thank you so much. melissa: the refinery problems are keeping a lid on oil prices. down 9% last week. phil flynn is in the trading pits
jerry brown has ordered an early switch to winter blend fuel. we are an late with the very latest. >> gas prices just in the last week have gone up $0.56. california culture not doing so well because of these gas prices. i will step away so you can take a look at this gas station completely empty. $4.99 for a gallon of gas. down the street, it is $5.29. if you find a station at the $4.67 set range, i suggest that you stop and get it. there are a lot of people upset here. one can't demand....